The Financial Times reports that along with developed markets, Southeast Asian countries – where 5G is being deployed at a much faster rate than most European and North American countries – are in demand. for 5G smartphones has started to decline.
“Demand for 5G equipment has come to a standstill”
According to a report published by Canalys In August, demand for 5G equipment came to a standstill. One of the reasons the market research firm points to this drop in demand is rising inflation. This has led to consumers looking for devices with longer lifespans than less practical qualities like 5G. One analyst also emphasized that 5G is not currently needed because “4G speeds are enough for daily use”.
“5G devices fell in a row to 18% of total smartphone shipments for the first time in a row for the first time. The rollout of 5G in developing Southeast Asian markets has been so bad that the hype about 5G has waned and the need to shift to more practical aspects of smartphones such as battery life, memory, speed, etc. processor level and camera quality,” said Chiew Le Xuan, Research Analyst at Canalys, at the time.
Factors driving the temporary slowdown
The report also found that a number of factors, such as lower consumer confidence amid high inflation, made the drop in demand temporary. The consumer 5G market is expected to grow across Asia in the coming years, the report said.
5G in India
The report says there are more than 200 operators worldwide that have deployed 5G services but only about 30 of them have done so with 5G. independence. In India Airlines and Jio is leading the package of 5G service deployment in the country.
It should be noted that Jio is using Standalone (SA) 5G technology versus Non-Standalone (NSA) technology being deployed by other telecom providers. SA 5G technology is claimed to provide higher data transfer rates and lower latency compared to NSA Technology.
Airtel recently expanded its 5G coverage to more cities. It is currently available in 12 cities – up from 8 during launch: Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Guwahati, Panipat, Pune, Nagpur, Varanasi and Gurugram.
Jio also expands the availability of its ‘True’ 5G network in India. Its 5G network is now available across 12 major cities in India. These include Bengaluru, Delhi, Mumbai, Chennai, Gurugram, Noida, Ghaziabad and Faridabad.